It is with no doubt that there has been an unmissable shift in the world. The novel Coronavirus known as COVID-19 has begun to reshape our lives into what is being widely termed a new normal at a very phenomenal speed. Even the old dogs have to adapt to the new tricks which may have been unexplored because, let’s face it, who would have ever thought that the entire globe would be, in days or weeks have entire workforces working remotely. It has arguably been dismissed as a futuristic school of thought, something we may only do well into the full swing of the 4th industrial revolution, writeDAVE BAAITSE and LERATO MOSIELELE.
Familiar ways of working are fast becoming obsolete, being able to be agile and adjust to the new normal is key, now more than ever. The life of a Mochudi Street Vendor who specializes in Beauty Parlour has significantly changed overnight.
Her ordeal began when government announced State of Emergency and a 28 day lockdown, technically crippling her small and fragile business which has the capacity to bring home at least P3, 000 home in a good month covering both her rentals and bills.
Talking to WeekendPost from Mochudi this week Tebogo Moara who also doubles as a make- up artist said she last had a meal four days ago. “I share a two and half with a colleague who is also a Street Vendor, our hopes at the moment were pinned on social workers but they have since turned their back on us. Life is tough, our electricity units at the moment reads 6.0 megawatts, and we have given everything to God now”.
Their confrontation with the social workers this week did not bear any fruits, after assessment they were told that they will receive a call same day. Upon realising that two days has passed they took it upon themselves to call but were told that they are abled women who could have known better that these situations do happen and could have saved for the future.
“We share a P1, 500 rentals which is already due but no answers are coming forth from government concerning rentals,” she said. As reality is kicking in, governments have had to swiftly formulate COVID-19 policies, to mitigate the further spread and transmission of the virus.
Travel is cancelled and non- existent especially cross border travel in our region leaving room for essential goods only. Life has come to a standstill, the entire world is needed to stay connected and aligned on various issues, including work, on communication platforms made to facilitate remote working.
A culture shift is inevitable as we navigate this new normal as we move into the future with different types of working environments. In hind sight, amidst the acute sense of loss, anxiety and insecurity COVID-19 has brought on all fronts one cannot ignore how the outbreak has brought some sense of unity particularly in terms of rapid responses to a global problem.
In a more intricate level, far beyond people introspecting and realigning their goals towards what really matters, people are more appreciative of locally made produce and are embracing a rebirth or reawakening approach to life.
The digital space is also bursting at the seams with innovations that are transforming our lives daily. Highly welcomed by all who love nature, a great improvement has been seen recently in terms of pollution or man and nature interference with Mother Nature replenishing the earth and reviving badly damaged ecosystems.
A new normal culture that may surely prevail when the dust settles on this front is surely to include working remotely. Companies eager to survive would need to set up and make adjustments for remote working conditions and maintain efficiency under these circumstances.
It’s time to think innovatively lest you perish. A famous pioneer once said, “Innovate or die”. The way the world is going is such that only the tech savvy will survive as we enter the 4th industrial revolution (4IR). Embrace tools to keep you connected to your clients and key stakeholders while enabling efficiency.
Virtual approaches will also, surely boom in popularity as we innovate to create experiences and engage in the virtual realm, as opposed to engaging physically, which goes against gatherings and other social distancing no nos. Events of any kind have been put to an abrupt halt and this calls for innovative thinking to be able to still engage with audiences.
In reality, we cannot ignore the shift that has happened due to the COVID-19 pandemic, a shift that now leaves us with this “new normal”. The effects of the pandemic are said to be envisioned to be experienced by the world for at least the next year or so but the remnants of the pandemic, devoid of the apocalyptic effect it has had on the world, will see some elements of our lives improved like the way we work and think from an innovation point of view.
We are living in a moment of history. It is up to all of us to adapt or be left behind by a fast moving world. While addressing the nation South African President Cyril Ramaphosa, a few days ago said, “The coronavirus pandemic has disrupted your lives and damaged our economy.
Its severity will continue to take a heavy toll in the weeks and months to come. The pandemic has resulted in the sudden loss of income for businesses and individuals’ alike, deepening poverty and increasing hunger. The urgent and dramatic measures we have taken to delay the spread of the virus have been absolutely necessary. They have given us the space to better respond to the inevitable rise in infections and to thereby save tens of thousands of lives.
We are now embarking on the second phase of our economic response to stabilize the economy, address the extreme decline in supply and demand and protect jobs. As part of this phase, we are announcing a massive social relief and economic support package of R500- billion, which amounts to around 10% of GDP”.
Here at home many Batswana continue to criticize their own government for failing to cushion them during this crisis and coming up with rigorous policies that guide the lockdown. In his last public address President Mokgweetsi Masisi detailed a raft of financial interventions that include a loan repayment holiday of between three and six months for home and vehicle loans to cushion those affected by the lockdown. He also said the country would build up reserves including grain, water, medical supplies and fuel.
This week Minister of Mineral Resources, Green Technology & Energy Security, Mr Lefoko Moagi announced reduction in petroleum prices. He explained that the decrease on petroleum products prices was influenced by the general decline of international oil prices, which have been going down mainly as a result of reduced global demand driven predominantly by the slowdown of the world economy.
The price adjustment, which commenced on April 21 decreased retail prices for petrol grades by 13 thebe per litre, diesel by 10 thebe per litre and prices for illuminating paraffin decreased by 20 thebe per litre. Speaking during a press briefing, Moagi said the government would closely monitor the prices of petroleum products in both regional and international markets and make the necessary price adjustments every three months.
Botswana Democratic Party (BDP) and some senior government officials are abuzz with reports that President Mokgweetsi Masisi has requested his Vice President, Slumber Tsogwane not to contest the next general elections in 2024.
The impacts of climate change are increasing in frequency and intensity every year and this is forecast to continue for the foreseeable future. African CEOs in the Global South are finally coming to the party on how to tackle the crisis.
Following the completion of COP27 in Egypt recently, CEOs of Africa DFIs converged in Botswana for the CEO Forum of the Association of African Development Finance Institutions. One of the key themes was on green financing and building partnerships for resource mobilization in financing SDGs in Africa
A report; “Weathering the storm; African Development Banks response to Covid-19” presented shocking findings during the seminar. Among them; African DFI’s have proven to be financially resilient, and they are fast shifting to a green transition and it’s financing.
COO, CEDA, James Moribame highlighted that; “Everyone needs food, shelter and all basic needs in general, but climate change is putting the achievement of this at bay. “It is expensive for businesses to do business, for instance; it is much challenging for the agricultural sector due to climate change, and the risks have gone up. If a famer plants crops, they should be ready for any potential natural disaster which will cost them their hard work.”
According to Moribame, Start-up businesses will forever require help if there is no change.
“There is no doubt that the Russia- Ukraine war disrupted supply chains. SMMEs have felt the most impact as some start-up businesses acquire their materials internationally, therefore as inflation peaks, this means the exchange rate rises which makes commodities expensive and challenging for SMMEs to progress. Basically, the cost of doing business has gone up. Governments are no longer able to support DFI’s.”
Moribame shared remedies to the situation, noting that; “What we need is leadership that will be able to address this. CEOs should ensure companies operate within a framework of responsible lending. They also ought to scout for opportunities that would be attractive to investors, this include investors who are willing to put money into green financing. Botswana is a prime spot for green financing due to the great opportunity that lies in solar projects. ”
Technology has been hailed as the economy of the future and thus needs to be embraced to drive operational efficiency both internally and externally.
Executive Director, bank of Industry Nigeria, Simon Aranou mentioned that for investors to pump money to climate financing in Africa, African states need to be in alignment with global standards.
“Do what meets world standards if you want money from international investors. Have a strong risk management system. Also be a good borrower, if you have a loan, honour the obligation of paying it back because this will ensure countries have a clean financial record which will then pave way for easier lending of money in the future. African states cannot just be demanding for mitigation from rich countries. Financing needs infrastructure to complement it, you cannot be seating on billions of dollars without the necessary support systems to make it work for you. Domestic resource mobilisation is key. Use public money to mobilise private money.” He said.
For his part, the Minster of Minister of Entrepreneurship, Karabo Gare enunciated that, over the past three years, governments across the world have had to readjust their priorities as the world dealt with the effects and impact of the COVID 19 pandemic both to human life and economic prosperity.
“The role of DFIs, during this tough period, which is to support governments through countercyclical measures, including funding of COVID-19 related development projects, has become more important than ever before. However, with the increasingly limited resources from governments, DFIs are now expected to mobilise resources to meet the fiscal gaps and continue to meet their developmental mandates across the various affected sectors of their economies.” Said Gare.
Letlhakeng:TotalEnergies Botswana today launched a Road Safety Campaign as part of their annual Stakeholder Relationship Management (SRM), in partnership with Unitrans, MVA Fund, TotalEnergies Letlhakeng Filling Station and the Letlhakeng Sub District Road Safety Committee during an event held in Letlhakeng under the theme, #IamTrafficToo.
The Supplier Relationship Management initiative is an undertaking by TotalEnergies through which TotalEnergie annually explores and implements social responsibility activities in communities within which we operate, by engaging key stakeholders who are aligned with the organization’s objectives. Speaking during the launch event, TotalEnergies’ Operations and HSSEQ, Patrick Thedi said, “We at TotalEnergies pride ourselves in being an industrial operator with a strategy centered on respect, listening, dialogue and stakeholder involvement, and a partner in the sustainable social and economic development of its host communities and countries. We are also very fortunate to have stakeholders who are in alignment with our organizational objectives. We assess relationships with our key stakeholders to understand their concerns and expectations as well as identify priority areas for improvement to strengthen the integration of Total Energies in the community. As our organization transitions from Total to Total Energies, we are committed to exploring sustainable initiatives that will be equally indicative of our growth and this Campaign is a step in the right direction. ”
As part of this campaign roll out, stakeholders will be refurbishing and upgrading and installing road signs around schools in the area, and generally where required. One of the objectives of the Campaign is to bring awareness and training on how to manage and share the road/parking with bulk vehicles, as the number of bulk vehicles using the Letlhakeng road to bypass Trans Kalahari increases. When welcoming guests to Letlhakeng, Kgosi Balepi said he welcomed the initiative as it will reduce the number of road incidents in the area.
Also present was District Traffic Officer ASP, Reuben Moleele, who gave a statistical overview of accidents in the region, as well as the rest of the country. Moleele applauded TotalEnergies and partners on the Campaign, especially ahead of the festive season, a time he pointed out is always one with high road statistics. The campaign name #IamTrafficToo, is a reminder to all road users, including pedestrians that they too need to be vigilant and play their part in ensuring a reduction in road incidents.
The official proceedings of the day included a handover of reflectors and stop/Go signs to the Letlhakeng Cluster from TotalEnerigies, injury prevention from tips from MVA’s Onkabetse Petlwana, as well as bulk vehicle safety tips delivered from Adolf Namate of Unitrans.
TotalEnergies, which is committed to having zero carbon emissions by 2050, has committed to rolling out the Road safety Campaign to the rest of the country in the future.